NEXTCORPS INC

ROCHESTER, NY, US
501(c)(3)
EIN
16-1195028
Logo for "NEXTCORPS INC"
ROCHESTER, NY, US
501(c)(3)
EIN
16-1195028

Overview

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Est.

1987

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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NEXTCORPS INC is a nonprofit organization dedicated to fostering economic development by supporting innovative technology companies in their launch and growth phases. With an operating budget of $10.9 million and total revenue of $13.6 million for the filing year 2024, the organization engages in areas such as entrepreneurship and legal services. NEXTCORPS does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.nextcorps.org.

Mission Statement

NEXTCORPS IS A NON-PROFIT HELPING INNOVATIVE TECHNOLOGY COMPANIES LAUNCH AND GROW.
Revenues

$13.6M

Expenses

$11.2M

Net Income:
+$2.4M
Assets

$40.6M

Liabilities

$7.2M

Net Assets:
+$33.4M
Operating Budget

$10.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$30K
Largest grant received
$225K
R
Ryne Raffaelle
Board Member
J
Joe Wesley
Board Member
P
Peter G Robinson
Board Member

Frequently Asked Questions

What is NEXTCORPS INC’s budget?
In 2024, NEXTCORPS INC reported an annual operating budget of around $10.9 million. More detailed financial information is available to registered users.
What causes does NEXTCORPS INC support?
NEXTCORPS INC supports work in Economic development, Entrepreneurship, Legal services, and Social sciences.
Where does NEXTCORPS INC operate?
NEXTCORPS INC is headquartered in ROCHESTER, NY.
Who funded NEXTCORPS INC recently?
In 2025, NEXTCORPS INC received grants from THE KILIAN J AND CAROLINE F SCHMITT FOUNDATION INC, WALDRON RISE FOUNDATION INC, and THE RALPH C WILSON JR FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NEXTCORPS INC received in 2024?
The largest grant to NEXTCORPS INC in 2024 exceeds $225 thousand.
What is NEXTCORPS INC’s reliance on government grants?
NEXTCORPS INC relied on government grants for more than 65% of their total revenue in 2024.
Overview
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